With the first time home buyer credit coming to a close at the end of November. First Time Home Buyers need to be aware that they run the risk of losing their $8000.00 tax credit if they do not act fast.(Assuming that congress does not extend the tax credit)Many of the "deals" in the market right now are short sales or foreclosures that require additional time to get the appropriate approvals. What looks like something that could close in 30 days sometimes takes 45+ days or more to get closed. Now is the time to get those details nailed down.Additionally financing in this day and age takes longer and requires more documentation. Be prepared and take advantage of the opportunities you have in this market!
Steve Armstrong, Realtor GRI
Certifying Agent, Florida Green Builders Coalition
Smith & Associates Real Estate
http://www.UniqueTampaHomes.com
Thursday, October 15, 2009
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